Île-de-France Tourist-Tax Redistribution Plans May Impact €90 Million IDFM Budget, Sparking Grand Paris Express Delays
💰 January 2024, Île-de-France introduces a 200% tourist-tax surcharge, generating approximately €245 million annually for Île-de-France Mobilités (IDFM). An existing 15% surcharge benefits the Société des grands projets (SGP). Article 42 proposes reducing IDFM's share to 145% and increasing SGP's to 70%, impacting IDFM's 2027 budget by €90 million. Valérie Pécresse criticizes this as a "raid," potentially delaying Grand Paris Express lines. Article 42 will be reviewed from 13 October, with a vote on 20 October.
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